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on the fiscal cliff. hear the new proposal from congressman paul ryan and senator mark rubio. >> steve: will he work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and friends". >> steve: you must be conflicted today. >> brian: in what way? >> steve: we have coach k on and any time we have peitro, the super model who has been a friend of your manies, many years. >> brian: i am looking forward to nick rangon. >> gretchen: you will have to duke me out for it then. >> brian: you start with him in 10 minutes. >> gretchen: you want to trade coach for nick it will coach you. >> brian: and edrolins to be named later. >> gretchen: and i always like rolins. >> brian: pet up with us. she was a young super model. >> gretchen: does she know she was off your list. >> brian: not a world. can we agree as well that is our secret. >> steve: she doe
be no deal at all. i feel like i am playing let's make a deal. remember that show? >> steve: meanwhile fascianista and mentor about to get a major promotion from the president? is she qualified to be a u.s. ambassador and run an embassy? we ask you ladies and gentlemenn of the jury. >> brian: she would be best dressed. fired for being a man. bell ringer was silenced because the girls bring in more christmas cash. is that true? "fox and friends" starts right now. ♪ >> steve: welcome aboard, folks. live from studio e. brian has a lot of friend exercise family members that watch the program. call him throughout the program today, because unbeknowns to you. prian cell phone has fallen through a hole of the jacket pocket and stuck in the lining. >> brian: it dropped through the lining and a secret passage. >> gretchen: give me that coat. >> brian: this is how i function. >> gretchen: somebody get scissors . i can feel the calls coming through. >> brian: there we go. hole in the pocket but i didn't know this big. no, you just. ♪ there is a hole in the pocket. >> brian: i am going to lose
now. ♪ ♪ "fox and friends". >> steve: welcome to studio e and ho, ho, ho. the elves has been here and it looks like christmas. >> gretchen: i can't believe you went shop wrapping all of the gifts. you have so many skills i was not aware of >> chris: they are all empty and we saved the dough. >> brian: what these things. they are fine. >> gretchen: they're acrylic balls. >> steve: they are set pieces and like aquarium. >> gretchen: someone came in here and probably was sent a picture and decided how to customize. >> steve: we should see where marth stewart was late yesterday. it looks like someone did flocking had here. >> brian: i wouldn't be surprised if we didn't find out who was responsible. >> gretchen: maybe they will be secret for secret santa. we have to get to headlines that are not the best of the news. a navy seal killed in afghanistan, died in a risky mission to rescue a doctor and two colleagues abouted by the taliban. he was member of the seal team 6. there are many questions about what dr. joseph was doing in a dangerous place. his employer said they are committed to
prices. we'll go in focus with steve bor bes and bill and morgan. is it paying off? >> no, it is 18 times that of nuclear energy. ronald reagan was right. thest thing to immortality is a government program. politicians are labeled with hot wind and we label the section gone with the wind. >> we have sending sib sidies in '92, has it been worth it. >> we are early inlet process. we have subsidized oil and coal and gas. we have done them from darn near a century. these don't look so bad. like it or not, the majority of americans believe that global warming is an issue. we need to develop clear energy sources. fossil fuels may be a difficult problem. we are subsidizing thingings. it is cheaper to produce energy from natural gas. it is a subsidies. other than it is natural gas there. it is 63 cents compared to $53. that is not a pay off to me. >> i will have to disagree with rick. last time wind energy had any impact was in the century. we have moved in oil and natural gas. but let's get rid of subsidies and let them sink or swim. wind energy will sink and we'll be better off. it is behathe s
in in with steve forbes and rich and elizabeth mcdonald and john tandy. is this proof that bailouts don't work? >> what it is proof, you shouldn't have the government in the business in the first place. that is how they got bloated. government guarantee and that is why they can pay these outrageous salaries. if private companies, they would be allowed to go out of business. no bailouts, let the markets work. let these guys, either liquidate them or privatize them. dave: top 90 employees at fannie and freddie, that is lot of money? >> i'm not going to support that kind of salary to anybody working in the government but i'm not sure it's indicative of a problem of the problem of bailouts. i have real issues with the direction that fannie and freddie have taken. you have half. mortgage debt under the control of these two organizations. had we let them go down the drain, anybody that owns a home would not have been happy with the financial result of letting these things go down. bailout may have been ugly but unfortunately it was absolutely necessary. >> the bailout is still ongoing. these organiz
first. guest host david walker of comeback america initiative and democratic strategist steve mcmahon both here to help us find solutions. >> then, what goldman's jim o'neill is so he seeing to help you prepare for your investments straight ahead. plus, adding opportunities door to door. >> have a good day. >> thank you. >>> domino's pizza ceo patrick doyle is here. the second hour of "squawk box" begins right now. >> good morning, everybody. welcome back to "squawk box" here on cnbc. i'm becky quick along with joe kernen. andrew is out this week. we've been watching futures this morning and they are indicated slightly higher. dow futures are up about 35 points above fair value, s&p futures and the fass dak futures are higher, as well. in your morning headlines today, the fiscal cliff dominating the sunday talk show circuit. treasury secretary tim geithner expressing on meet the press that republicans will accept the president's plan to raise income taxes. >> what we're trying to do is make it more likely we come together on a good agreement for the american people that extends t
writer steve moore also joins the panel. so, steve, this is really an interesting story that i don't think gets enough attention. >> i agree. >> paul: the reforms taking place across the country in a lot of states. who are the stars you're looking at? >> i entirely agreement with your premise, paul. if you look at, talk about the demise of the republicans on the national levels we're not seeing that on the state level. there are 30 republican governors today in america, the republicans actually picked up a governorship in north carolina so that south now is almost entirely republican, whereas just 25 years ago, it was pretty entirely democratic. and it's not just the south. states like-- >> what are they doing with that power, that's the interesting thing. >> so, they have the power and they are actually using it, af got states like kansas, and florida that have been cutting taxes aggressively to promote jobs. you've got a lot of the states in the mountain states that are republican, where they're aggressively promoting pro energy drilling policies to get at the national resources
, many of them in to city hall to meet with mayor bloomberg. one is steve barton who was in the theater in aurora more a gunman killed so many people and his view is parallel to what you hear from law enforcement experts who are trained to use firearms who say there is no way in a confused situation on the street, in a theater, in a school that more firearms in the hands of more people makes you any safer, particularly because they're far less likely to be well-trained in their use than the police. >> goldie, you have handled serious firearms in your former life as a marine. is there any possible justification for a citizen to have access to semiautomatic weapons like a bushmaster and a magazine that can hold 30 rounds? what possible sporting justification is there for that? >> there is none. if you are deer hunting, you get one shot before the deer is gone. i don't know that, you know, an m-16 or an ar-15 is a weapon that ought to be available for any civilian. these guns are manufactured primarily for military use. they are not for hunting animals. they are for hunting people, and tha
moscow now is steve rosenberg. steve, you said he'd do it, he's done it. >> that's right, david. there's been one question that has dominated political life in moscow the last few days and that is will he or won't he? will president putin sign what is one of the most controversial laws he's been face with. yesterday he indicated he probably would and today he signed it. as you mentioned it has been very controversial because a number of ministers in his own government, including the russian foreign minister have publicly criticized the law and president putin's critics have accused him of playing politics with russian children. >> criticized it on humanitarian grounds. >> yes, absolutely. it's interesting to note that the bill we're talking about, the law we're talking about is wider than simply banning adoptions. it's russia's retaliation for the act that bans russians officials suspected of human rights violations from getting u.s. visa's and freezes their assets. so this bans u.s. officials from coming to russia, u.s. officials who have committed abuses and crimes against russian ci
steve jobs was really bringing apple to the forefront -- >> a happening place. >> it is. it's where things happen. that's why we're here, steve rattner. >> washington is the place. with us on set, economic analyst steve rattner. also political editor and white house correspondent for the huffington post, sam stein. andrea mitchell. and in new york, msnbc contributor, mike barnicle. and the co-anchor of "street signs," brian sullivan. we've got a lot to talk about, mike barnicle, but i saw a headline on the front page of "usa today," a tease that is very intriguing, and that is one of the greatest players in major league baseball trying to get his worth right now. and if i were a major league team, i would pass on josh hamilton in a new york second because the guy phoned it in when his team needed him the most. there's an attitude problem. and yet he could be such a huge payoff. are the red sox looking at josh hamilton? >> i think any team that's looking at hamilton is looking at no longer than three years with him because of the things you just mentioned. >> he, of course, had an ad
statement to parliament today. will be out in westminster soon. steve is out to give us more detailed analysis of what to expect. let's just go back to the eurozone. as you say, thin advances here. are we capping -- it's up against the yen as well. there's obviously been a big yen story. >> yeah, i think the euro/yen has had perhaps more to do with eu euro/dollar than anything else. the euro crosses in general have been story rather than euro/dollar and euro/yen at the forefront. i think the euro/yen forecast is overplayed in what japan will ultimately deliver on. but mum is pretty good. i think you still play for a little yen weakness. i think we'll see a lot of people trying to buy yen back because i don't think we'll get delivery in all these preelection promises. >> do we all think we know what the chancellor is going to say? >> judging by the many pages being given to it in the newspapers, you feel like what else can he say? it's not going to be a day where you'll buy sterling aggressively because most of the news is going to be bad. we're going to have lower growth. potentially
and the south bay. 85 slows at 87. 101 slows in pockets from the capital expressway. >>> let's go to steve. >> thank you, sal. we have low clouds coming in. this is on parts of the coast and moving south. it looks like it's about half of the san mateo coast. there is a ribbon of fog from the sacramento valley and san joaquin valley. our system kos not -- does not have a lot of rain but it has a lot of cold air with it. it will be moving in tomorrow. today we have low clouds, again, combination of the two. low clouds. it will be a cooler day even with sun for a while. sometime this time of year, when you get a cold front moving in. those clouds start to move in. clouds tonight and then -- it's a light rain coming in late tonight, tomorrow morning. .10, maybe .50 at the most. the snow level is coming down. this will be good news for the is sierra, shasta/lassen, they will get the snow levels. not a lot of snow out of the first one but we'll get the levels down to 4500 feet. it will turn much colder. it's already cold to the north. a lot of 30s from santa rosa, napa down to gilroy, 38. liverm
agrees that that action is necessary. gregg: steve hayes, is the senior writer for "the weekly standard" and a fox news contributor. steve, great to see you. the deal being bandied about right now to raise taxes on higher earners actually doesn't appear to do anything to fix the problem, that is, all the new revenue from higher taxes would be used for more spending. as we understand about 850 billion in new revenue would be spent on eliminating the fiscal cliff automatic spending cuts and extending unemployment checks. is it true not a dial would go to cutting the real problem, the debt and deficit? >> yeah. in one scenario that is absolutely the case. we shouldn't actually be surprised. it has been clear at least for a short amount of time that this hasn't been the goal of these discussions. i mean for all the talk about deficit reduction and despite the fact that this began as an effort to rein in spending after the 2010 elections, it is clear democrats in the house and senate, i would argue the president, haven't been serious about long-term spending cuts. gregg: maybe they're not se
steve israel, congressman from new york. plus, we'll also be talking more about what's at stake in washington and how the fiscal cliff is likely to effect investment decisions. we have value investor leon cooperman, he's going to join us on set starting at 7:00 eastern time. then at 8:00 eastern, we have black op co-founder and ceo ralph schlosstein. and lynn hutchins will join us. we'll talk about what they see playing out and what they think is working when it comes to the markets now. >> the bill that the president says is in the house that he will sign if -- that's in the senate -- >> the senate. >> the senate that he will sign if the house passes it is what? >> that is $. >> -- that is 250? >> 250? >> he said 400. he said, i have the pen, let's keep tax rates where they are for everyone at 250 and below. so this one, that's c these guys are pretty clever because that would keep rates where they are for everyone at a million and below. no middle-class taxpayers up to a million dollars -- >> that's no matter what, isn't it, in either bill? >>yon r -- i think it would be the s
're going to hear tomorrow, in the next hour, when steve liesman will join us with results of our fed survey. >>> an oh beck minister, important events. opec ministers are in vienna. >> why vienna, by the way? >> i don't know why they originally set it there, but it seems like as good a place as any. have you been? >> i have not been. >> i don't think i've ever been to vienna. i always wondered about that. >> i mean, it's better than meeting in, i don't know, skokie, right? they're expected to retain its 28 million barrel a day output target. but the real drama is likely to be about leadership, the world's leading oil exporters are expected to argue about who should be opec's next secretary general and we have candidates from iran, iraq and saudi ara a arabia. they're all competing to replace the current leader, as you can see there. abdallah salem el badri, he's 72 years old and he's been there for years. i don't know where i've been for five years, but did you know -- >> i apologize in advance. i didn't. >> you could have said you did and we've been best friends, in fact. >> he's complete
:00 eastern, aman whose name is synonymous with the flat tax. steve forbes will be our taxmaker of the hour. it's a new day. if you're a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irritation where a
. steve liesman up next with surprising new results from the exclusive cnbc survey. >>> and then as the lawsuits fly over hewlett-packard's autonomy mess, i'll talk with the ceo of deloitte and their role in looking over the books. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. t
,000 a year and employs ten people just like steve jobs, warren buffett and-- >> and we quibble? >> let me finish. we can quibble about what the right amount is, whether it's $250,000 or whether it's 500,000, what the president is trying to do. >> and for a while, charles, help me with this part of it. whatever your views on taxes, and i think it's happening and ben stein's earlier point, it's there. and deeply disturbing, where is it, not only there's a lack of result to slowing what is the growth to spend because there's no cutting going on. but we're going to-- and that's what we're going to do and this is the the measure you use to finally get serious. this is not serious. >> warren buffett laid it out on monday in that new york times op-ed and he said in an ideal world, we would still have deficit spending every single year and the president laid it out more than once and in an ideal world, we're still-- we're not talking about cutting debt. we're talking about increasing it at a slower rate and then later on, the idea of 50 billion in stimulus, oh, by the way, let's remove the debt c
the fiscal cliff. that headline is looming ten days away. steve handlesman is wrapping up the latest developments from capitol hill. >> reporter: the vote on boehner's plan b was canceled abruptly. a big embarrassment for the speaker, who had hoped to force democrats to follow his lead. >> in the senate, democrats and white house refuse to act, they'll be responsible for the largest tax hike in american history. >> but boehner's tax plan to raise tacks on those who make over $1 million didn't follow. boehner pulled republicans into a meeting, tried to get the votes he needed, but failed. >> it's unbelievable. this is horrible. i'm angry. i'm sad for my friend, the speaker, and i'm sad for the country. >> reporter: plan b looks dead. democrats gloated at boehner's failure. >> it was a bad plan, but he couldn't even sell his bad plan to members of his own caucus. >> reporter: earlier this week, boehner and obama looks just a few billion dollars away from getting a deal done. >> they are so close. what is the speaker waiting for. >> republican ves to regroup and lawmakers will go home f
state 17 of the last 18 times. steve is back in line-up. curry, 89 three's last night. kobe puts the lakers up by 4. great fadeaway. then to the second quarter. derek jack exploded. nothing but net. david lee had a triple double last night and closer to a double-double. right now, 81-70 in the third. we'll have highlights coming up at 11:00 on channel 7. >> undefeated stanford hosted by longtime rival and lady cardinals had too much game. pat summers on hand. probably thinking what everybody else. here at left hand. stanford, and there with the put back. 21 points and 19 rebounds and stanford remains unbeaten. >> for the men, cal hosting prior ri view a&m. justin cobb with 14 points on the night. the steal and you know what is coming. 23 points for him. cal win it 85-53. >> facing san diego state. he got lit up by chase, 33 points on the afternoon. san diego stated i am police officers to 10-1, 80-58 was the final. >> we're hear from megatron and more from the warriors tonight at 11:00 and we'll see you then. >> all of your electronic devices zapping you of >>> coming up tonight,
it. make your mark with ink from ch [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> you're watching cnbc squak on the street. opening bell set to ring in about 90 seconds. a lot of people saying what else would you expect ahead of the fed meeting, more bond buying, more opium. >> have been. 3m says, listen, business is fine. and dupont surprises you. excellent interview on maria, with coleman, the ceo. you break down these dow components, they've got a lot of things to say. lily has bad things to say, but they're not in the dow. united health. you have 30 stocks that seem uniquely, most of them, to have good things to say right now. >> one company that's not had good things
: let's bring in the author of how rich people think. steve, the rich voted not in overwhelming numbers but they certainly gave many of their votes to president obama in the last election. now, the rich people in america are going to have to pay higher tax rates. you know the rich. you know all about them. you're with them all the time. you write about them. how do they feel about this? >> well, i think the bottom line is, stuart, that the rich that voted for obama voted for obama based on his social policies not his fiscal policies. i don't think they are any happen per about the fiscal policies than anyone else, except maybe the very very wealthy, you know, maybe the michael bloombergs and the warren buffetts. stuart: i think there's a distinction here between wealth, accumulated money which you sit on and which is not taxed, and income, tax flow, which is taxed. i think there's a distinction between the two. when i say the rich, i guess i'm primarily referring to wealthy people who have accumulated wealth and they are sitting on it. they don't care if other people pay higher tax rate
to happen. >> do you remember when steve brought seagate private. it was brimming with cash. raised the dividend next week. why doesn't michael dell pay out a special dividend and everyone is thrilled. >> fundamentals are still what? >> fundamentals are -- i mean, look. fundamentals depend upon a belief that the personal computer is going to be with us for a long time and is not that much in decline. ipad will not crush it. i don't know. >> why not redistrict some of that free cash flow and that cash into an area where you think you can attain real growth. try to recreate the company in some sort of significant way. >> i think that -- >> it's not easy to do that by the way. >> as rivals have discovered. >> maybe you want them to go into the pharmaceutical business. allerg allergen's weight loss business is for sale. not a lot of synergy there. you can't find growth in the personal computer business. it doesn't exist. >> maybe you could figure -- you'll carry it around on your ipad, maybe there's more synergy than you think. >> maybe he should take the cash and buy a lot of apple sto
. steve liesman reports that the white house is now proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. yeah. i read that everywhere. liesman? liesman is agreeing with what is written everywhere? that's excellent, steve. good job. that's up from $250,000 and did you know? no one else cited him. they need to cite him. i don't like it when they don't. >> they should. >> the president has been demanding for months, it's a little above the $250,000. it's still below the $1 million that john boehner wants. we've been saying all along it probably goes up to 500. >> maybe you get up to 650 at this point. >> and then we have to decide, does it go back to 39.6? >> yeah. i had seen yesterday that there was some commentary -- is it 39.6 or 39-7? >> 29en 6 of. >> some commentary that john boehner has said okay on the 39 39.6. >> and the president said for two years. they would like to do it by christmas. i think that would be nice if they did it by christmas. you're watching "it's a wonderful life." and you realize that both sides rose above and
iron oar a lot. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in early january this is the way washington works, they walk right up to the edge of the deal, maybe even p
point. >> [inaudible] >> steve, you just recently, not even a year ago, gave a congressional hearing; correct? you spoke to congress? >> briefly. [laughter] >> this is, you know, this is about as clear as the impression you get at of the pakistani administration right now, that is very well-supported by the american government. what could you, you know, what could you take away from this, and what do you think the forces -to-be can do to discourage bringing a certain level of democracy to pakistan? >> well, i'd rather your thoughts on that question -- >> oh, no, we get to hear you now. [laughter] >> well, i thought one thing that's important to emphasize, the last answer was really an important sort of sense of direction because, you know, the problem is that even american policy, when it tries to prevent military identity inside pakistan by encouraging the restoration of the democratic parties, can't reach the fact that the ppp has not had an internal election since time and memoriam, can't reach the fact that the pml a basically gang operations for families, and so then what is exa
with word that they are expecting. >> lots to talk about this morning. republican senator ron johnson, steve smith, to talk about that carbon monoxide leak that sent dozens of kids off to the hospital. and pat houston, whitney houston's sister-in-law and manager will join us to talk about a new book tuesday, december 4th. "starting point" begins right now. >>> good morning. welcome, everybody. ron brownstein joins us this morning, cnn senior political analyst. editor for national journal. bob shrum, and will cain. zoraida is sticking around with us as well from "early start." our "starting point" really is about the frustration and more finger pointing now about this fiscal cliff. 28 days remain before drastic tax hikes and spending cuts take effect. republicans are offering a plan that calls for $2.2 trillion in deficit savings over the next decade, including $800 billion in tax reforms, $600 billion from medicare reforms and $6 billion in spending cuts. the white house said no go to this. why so fast? >> reporter: very quickly because they want republicans to capitulate on increasing tax r
.s., but there could be some questions about china, remember that report from steve milanovich? he said apple needs to come up within some real innovations, you need to have some clarity on the pipeline, and you need geographic -- clearance to go into china? yes, it got it with two of the smaller carriers. china confirms talks with apple. but the problem here, he says tech is not an issue, it's mainly about the business model and benefit sharing issues. that could be a problem. >> he is also playing the part of what many analysts are doing, which is let me explain why it's going down, in the same way that the death cross, i always love the death cross, this is a technical term. i can think of a million reasons to sell it. the only reason i want to own it is because it makes the best products in the world and it's inexpensive. >> that's a lot of people looking at the chart. >> look again, the people who own apple, they were the ones who owned it because it was going up. it reminds me very much in 1999, what do i do with my nortel, it's at 110. in the meantime, roth, the ceo gives a session, an off t
announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the gat barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. john: good intentions gone wrong? that is what this is. said darth frank locke, hundreds of pages supposed to protect us from the evil banks for kabbalah addition say they took needless risks and mortgages because there was deregulation. >> reckless the regulation if we do not act the bad situation will become worse. john: they got it through 848 pages. i have not read it but a lawyer who has specializes in garbage like this. >> the problem is the myth surrounding this that the biggest that is it deregulation. john: 11 george bush? >> even earlier. ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >>
faced over past three decades politically. gregg: what of john boehner though? steve latourette, who said, the same 50 or 60 chuckle heads who always screw things up, speaking of the tea party group. >> yeah. gregg: he said it is not really the speaker's fault. is it the speaker's fault? >> well, look, i think boehner was, he is in a bad spot. there are no good outcomes here for republicans. there have been no good policy outcomes for republicans. i watched the steven latourette comment, one of the things that struck me, these are the guys, 50 or 60 chuckle heads came here and screwed things up. the presumption congress was working just fine before they arrived. i would argue that it is nice we have people in congress who are actually serious about looking at the long term consequences of our overspending over these past couple of decades. that is where the real problem is. he can say they're stubborn and not willing to compromise and all things he said repeatedly as he made those criticisms but the reality is they're actually trying to solve the long-term problem. he may not like th
it to a neighbor of obama's. he didn't know whether to say whether that note was ever delivered. >> who is steve rogers, who you also interviewed? >> he is a professor at the kellogg school of management. at northwestern university. >> what was his connection with president obama? >> like many african-american businessmen and leaders, whom i interviewed, he was an early backer and supporter. he was primary to bobby rush in 2000. the former black panther corpsmen. he went around looking for people who donate money to his cause. steve rogers is a very successful businessman before he became a professor. he had $6000, i believe, to pay off some of his personal debt. in return, obama promised that he would visit steve rogers students. and if he won the u.s. senate seat, he did win the u.s. senate seat. rogers never heard from him, so he called him up and asked obama witty comment, and he said, i am too busy. i am getting phone calls from warren buffett and from steve jobs and bill gates in all of these important people. and he said, but you, it's. and obama said, well, you know, promises made by pol
of weakns in the participation rate and downward provisions to earlier reports. steve liesman joins us next with more on how economists are reacting to those numbers. >>> tomorrow, "squawk box" is kicking off a special day of fiscal cliff coverage. rise above: mission critical. becky quick and jim cramer, live in washington. 33 special guests, grover norquist, congressman jim hencer link, senators from both sides of the aisle, corker, warner, johnson, conrad reaching common ground on the debt deal. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've go
. >> julie seger watches c-span on verizon. >> on the subject of the fiscal cliff, we spoke to steve forbes this morning and got his take on the subject. host: joining us now is the chairman and editor in chief of forbes media, steve forbes. he will be with us for the next 45 minutes to take your calls. let's start with where we started this morning on "washington journal." have you looked at the fiscal cliff and have you made plans or altered your 2013 spending as a business owner on this issue? guest: the answer is not yet. the big factor will be what happens in health care, which kicks in it in 2013 and 2014. you're kind of immobilize until we get a fix. we are moving ahead on the projects we are doing. people are being cautious. we hope this thing will be successfully resolved and that we do not go into a recession next year. host: how would you like to see this issue played out in washington? what is the best economic solution? guest: the best economic solution is to avoid raising taxes. the best we can hope for is that they kick the can down the road for a couple of months. you are no
reportedly had no carbon monoxide detectors located inside. steve osunsami has the story. >> reporter: it was a shocking scene, played out on live television. >> i saw kids passing out. i saw them shivering. i saw some kids just moving around like they were dizzy. >> reporter: dozens of children at this atlanta grade school monday, falling out from high levels of carbon monoxide poisoning. needs gas masks to breathe. being wheeled out on stretchers. >> fainting, dizziness, headache and nausea were the four symptoms. >> reporter: firefighters were carrying sick children. >> there's kids laying on the floor. at least three. and the teacher are saying, this town needs help. >> reporter: 500 children were forced to leave the building. at least 43 sent to hospitals. angry parents stormed the school, desperate to find their kids. >> you transported them without our permission. and you won't give them to us? you're out of your mind. >> reporter: luckily, no one was seriously hurt. and investigators traced the problem to a leaky valve on the school's furnace. this morning, that has parents as
on twitter. and ust minutes ago... we learned that middleton has been released from the hospital. steve jobs is one of the greatest entrepreneurs in american history.so the ctor chosen to play him in a movii a surpsise.ife...mmght ome as 3 surpsise.funnyman ashton kutccer is starring as the titlee "jobs."cceckkout this photo of kutcher from the film. do you see a resemblance?the movie was just announced as the closing night film of next year's sundance film festival. jobs died last year after a battle with pancreatic ancer. -teese ccuntdown to chhistmas- we're giving away gifts everr day throughhchristmas eve. eve.our lucky winners will et a chance to choose a gift from under the tree.so stay tuned for your ccance to win! santa isnnt the onll one... writing "naughty or nice" lis. liss.consumerrreports ii, too. too.the companies being policies... and the ones that aren't as nicee fox 5 morning news.. alll local.. [ knocking ] oh, no, i got to go. oh, can you make that to go? these days, nobody has time to get sick. but minuteclinic makes it easy to get well. our nurse practitioners can
. in early 2011, steve jobs was asked if he would bring back jobs from klechina. he says those jobs are not coming back. hold on, under tim cook, there could be some. and apple, bringing back-- spending 100 million to bring some mac here, i say it's a total drop in the bucket. >> it's a broader narrative of manufacturing leaving china and it's not just apple. and lenovo, china's largest pc maker, says it's bringing some production to the north carolina facility and ge, for instance, is bringing a lot of production back from china, small and medium sized manufacturers are doing this. go to wal-mart and look at the house brand george, all of it's made in bangladesh, used to be in china. stuart: why is manufacturing-- for years we've said china is the manufacturing center piece of the planet. why is it leaving? >> there are so many reasons. first of all, wage rates are going up much fraster than product ticht and labor peaked political risk is not a factor and now it is, china is trying to use geopolitical leverage and risk of intellectual property loss and china is no longer advantage
over here where we might be going. not good. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. can youlyric can.aid do th?e. lyric can. lyric can. lyric by phonak is the wld's only 24/7, 100% invisible hearing device. it's tiny. but lyric's not just about what you can't see. lyric can be worn 24/7 for up to four months, without battery changes. incredibly easy to live with, lyric can be worn showering, sleeping and exercising. in fact, you might forget it's there at all. call for a risk--free trial. and you'll see lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section
you, steve. get out of here. get the studio back. >> fine. >> throw another log on. ♪ ♪ >> andrea: was up with of the wise men dr. manny with the beard? looks just like him! >> you are okay with the baby? you said you played baby jesus in the manger. >> bob: yeah. >> eric: broke the manger. >> greg: can i point something out, i was on the first fox and friends christmas special and they edited me out. because i was horrible. i will never do holiday specials because i hate them. anyway -- >> dana: you were good at the one we tried to do the other day. >> greg: thank you. this is my bus. my bus. which means the bus tour is back on december 15. through december 17. saturday and monday i'll be in texas, oklahoma, louisiana. if you want to find out more about it go to ggri ggetfeld.co. i'll be at the bookstores signing books. >> eric: "new york times" best seller list, people. don't forget. >> dana: big news today. jim demint of south carolina made a big announcement. he recently won in 2011. and he will be leaving the senate to take over assed that of the heritage foundation. for ed f
certainly does. >> donald trump, mark cuban. >> mark cuban did. and our good friend steve rattner. >> rattner. >> helped put us over the million-dollar mark. >> did you bring your check? >> unicef. i've got my check. >> good. i tried to remind you. we are working to find a cure for epilepsy. we hope the contributions will help, and $1 million will make a big difference. >> let's talk about -- we have the man of the moment here with us. to talk about today's headlines. let's start -- there's so much to talk about, but richard, let's start in egypt. absolutely fascinating. i think a lot of people across the world were so heartened by the democratic, we thought, perhaps uprising that was going on in egypt. certainly we all knew to overthrow a dictator of 30 years, even if he was an american ally. and now you have mohamed morsi behaving like a, well, a dictator. and he's now got roughly 39, 40 political parties in egypt rising up against him. it is a mess. >> what you're seeing in places like egypt is the difference between democracy and majoritarianism. winning elections is the easy
of bankruptcy? you can't go more than bankrupt. and extreme leader steve jobs, for example, might be the one person. if you're the voter and you think the united is in a crisis, and the system has failed and the people who choosing normally cannot get us out clearly had. you want to gamble. the system isn't working anymore. it's time break. and you can't get a worse outcome than total failure than bankruptcy and civil war. so that's one thing. the second i think there are anythings you do if you choose to take an extreme. you should reshape the job. you should never have an outside ceo the chairman and board of directors. there's no circumstances there's a good idea. .. and change course when they're wrong, but were everyone else always been the fair rate. so i think the key if you look at lincoln and judith folkman, an extraordinary scientt
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